A world of pain over at Aeris Resources AIS:AX, with a rumoured $70m cap raise for debt repayment and working capital.
That's an investment to AVOID. I reckon the capital injection will simply vanish into thin air, MC-wise. My prognostications are often wrong.
AC will have repeatedly cast his beady eye over this shambles next door, though he cannot act while A1M's share price is in the doldrums and the dud Soul Patts loan hangs over AIS.
Both these factors will change. Whether this then results in a bid from A1M is an open question.
Ash
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Last
32.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $235.3M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.5¢ | 32.5¢ | $102.7K | 311.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 571464 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 134343 | 10 |
View Market Depth
| Last trade - 10.56am 28/07/2025 (20 minute delay) ? |
| A1M (ASX) Chart |